Key Points
- Alvopetro Energy director John David Wright sold 10,000 shares on June 3 at C$8.60 each, bringing in C$86,000 and reducing his direct stake by about 30% to 23,367 shares.
- The sale follows a series of recent insider disposals by Wright over the prior weeks, including multiple transactions in May and April totaling tens of thousands of shares.
- Alvopetro Energy stock opened at C$8.79, near its 50-day average of C$8.77 and above its 200-day average of C$7.71, with the shares trading between a 1-year low of C$5.65 and high of C$10.54.
Alvopetro Energy Ltd. (CVE:ALV - Get Free Report) Director John David Wright sold 10,000 shares of the firm's stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of C$8.60, for a total value of C$86,000.00. Following the completion of the transaction, the director directly owned 23,367 shares of the company's stock, valued at C$200,956.20. The trade was a 29.97% decrease in their ownership of the stock.
John David Wright also recently made the following trade(s):
- On Wednesday, May 27th, John David Wright sold 488 shares of Alvopetro Energy stock. The shares were sold at an average price of C$8.29, for a total value of C$4,045.52.
- On Thursday, May 28th, John David Wright sold 100 shares of Alvopetro Energy stock. The shares were sold at an average price of C$8.29, for a total value of C$829.00.
- On Tuesday, May 26th, John David Wright sold 7,037 shares of Alvopetro Energy stock. The shares were sold at an average price of C$8.33, for a total value of C$58,618.21.
- On Tuesday, May 26th, John David Wright sold 1,600 shares of Alvopetro Energy stock. The shares were sold at an average price of C$8.29, for a total value of C$13,264.00.
- On Friday, May 15th, John David Wright sold 5,000 shares of Alvopetro Energy stock. The shares were sold at an average price of C$8.60, for a total value of C$43,000.00.
- On Friday, May 15th, John David Wright sold 700 shares of Alvopetro Energy stock. The shares were sold at an average price of C$8.60, for a total value of C$6,020.00.
- On Friday, May 15th, John David Wright sold 10,000 shares of Alvopetro Energy stock. The shares were sold at an average price of C$8.47, for a total value of C$84,700.00.
- On Wednesday, April 15th, John David Wright sold 8,500 shares of Alvopetro Energy stock. The shares were sold at an average price of C$8.54, for a total value of C$72,590.00.
- On Wednesday, April 15th, John David Wright sold 10,000 shares of Alvopetro Energy stock. The shares were sold at an average price of C$8.58, for a total value of C$85,800.00.
- On Thursday, April 16th, John David Wright sold 2,000 shares of Alvopetro Energy stock. The shares were sold at an average price of C$8.53, for a total value of C$17,060.00.
Alvopetro Energy Stock Performance
CVE ALV opened at C$8.79 on Friday. Alvopetro Energy Ltd. has a 1-year low of C$5.65 and a 1-year high of C$10.54. The company has a market capitalization of C$325.88 million, a P/E ratio of 13.32 and a beta of -0.62. The business has a 50 day moving average price of C$8.77 and a 200 day moving average price of C$7.71. The company has a debt-to-equity ratio of 26.18, a current ratio of 1.68 and a quick ratio of 1.95.
Alvopetro Energy Company Profile
(
Get Free Report)
Alvopetro Energy Ltd. operates as an independent upstream and midstream operator. It engages in the acquisition, exploration, development, and production of hydrocarbons. The company holds interests in the Caburé and Murucututu natural gas assets, Block 182 and 183 exploration assets, and Bom Lugar and Mãe-da-lua oil fields, which covers an area of approximately 22,166 acres in the Recôncavo basin onshore Brazil. Alvopetro Energy Ltd. was incorporated in 2013 and is headquartered in Calgary, Canada.
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